11/26/21 watchlist

Shorter day today, with weekend ahead and renewed covid fears likely to be very volatile today. Covid plays probably popping and most everything else slumping. Crypto also weak already so those plays very bearish too.

Main day trade watches.

 

Bullish

 

MRNA(Was 297 when I wrote this)  - Popping up with new CoVid fears. Recovering losses from last month. Once over 300 will likely serve as support. Key level in the past plus a round number. Looking for some profit taking at the open with some higher lows to confirm a dip and rip. An open and hold over 300 and VWAP I would like to buy 330 calls on. Will monitor the flow for target dates.

 

DASH - Recent runner on earnings news, had a big pull back but now regaining some ground as it was a CoVid winner. Watching for bullish flow and volume. Currently at key resistance around 192.

 

APT - Mask play that runs with health scares, Will let price action tell me but looks like a strong open could mean a move back to 7s.

 

UVXY - On watch for 20s test and continued market fear over COVid

 

Bearish

 

Mara - Recent Runner that is failing a bounce. Tends to move with Crypto so looks weak since Crypto is weak. If it fails 47.40 I think it might hit 40 or lower.

 

RIVN - Selling of with Ford pulling investment, delivery delays, and now rest of market going red as well. If it cracks support in the 106 area could go below 100. Looking for VWAP test and fail to get $100 puts into.

 

LCID - Selling off with market and lost key $50 support level. If it can't hold 48 dip to 45 likely, potentially low 40s.

 

Bearish on literally everything else. Might even try QQQ or SPY puts